by Dave Johnson | Sep 20, 2016 | Blog, Financial Reform
The manager instructed her to push accounts but not to tell the customers about the downfalls and fees of new accounts. "Make them read the paperwork." She replied, "But you know no one ever reads the paperwork." His response: "Exactly." You might have heard that...
by Richard Eskow | Sep 20, 2016 | Blog, Financial Reform
"There was no incentive to do bad things,” said Wells Fargo CEO John Stumpf, after his bank was hit with $190 million in fines and restitution because employees fraudulently opened more than 2 million accounts over a five-year period without customers’ knowledge or...
by Dave Johnson | Sep 19, 2016 | Blog, Conservatism, Progressive Vision, This Is The GOP
You know those TV segments where they go out and ask regular Americans things like "Who is the Vice President?" and "Should we allow immigration from New Mexico?", and the people-on-the-street give answers like, "What's a Vice President?" and "I think we should send...
by Robert Reich | Sep 19, 2016 | Blog, Conservatism, Economy, This Is The GOP
Donald Trump poses as a working-class populist, but about his new economic plan would be a gusher for the wealthy. And almost nothing will trickle down to anyone else. He’d knock down the top tax rate on businesses from 35 percent to 15 percent, thereby richly...
by Bill Moyers | Sep 19, 2016 | Blog, Democracy, Progressive Vision
Bill Moyers and Michael Winship Let’s call the whole thing off. Not the election, although if we only had a magic reset button we could pretend this sorry spectacle never happened and start all over. No, we mean the presidential debates — which, if the present format...
by Richard Eskow | Sep 19, 2016 | Blog, Economy, Jobs and Growth
Should Democrats present themselves as fighters for a transformative economic vision, or as skilled managers whose job is to restore and maintain the status quo of the last several decades? The question came up again last week, when new economic data for 2015 was...